Orderly Network has just released an updated version of its Ethereum Virtual Machine (EVM) platform. The upgrade introduces a range of new features and enhancements, focusing on trading stability, efficiency, and bid levels for specific orders.
The announcement was made via Twitter on June 25, 2024, with the company highlighting some of the key upgrades, including support for bid/ask level for bid/ask orders, post_only_adjust for post_only orders, an enhanced Fee Split Service capable of handling four times more trades, and an accelerated deposit process.
One of the notable enhancements is the improved bid/ask levels, which now supports bid/ask orders, allowing users to post more accurate buy and sell orders, thereby enhancing the overall trading environment.
Additionally, the update includes the ability to set post_only_adjust for post_only orders, enabling seamless modification of these types of orders, which are designed to be placed in the order book without immediate execution.
The Enhanced Fee Split Service has also seen a significant increase in the number of trades it can handle, resulting in greater transaction volume capability for the platform.
Furthermore, the deposit process has been streamlined to allow users to add funds to their accounts more quickly, enhancing the overall user experience on the platform.
Orderly Network’s ultimate goal is to contribute to the development of Omnichain perpetual contracts (Perps) in the future, and these upgrades bring them closer to realizing this vision.
Overall, these updates demonstrate Orderly Network’s commitment to providing a stable and efficient trading platform. The new features will undoubtedly improve the efficiency and flexibility of the trading experience for users.